Tokyo — Oil prices rose on Tuesday after US President Donald Trump predicted a trade deal with China after positive comments by Beijing, calming nerves after a round of tit-for-tat tariff hikes had sent markets reeling.

Brent crude was up by 25c, or 0.4%, at $58.95 a barrel by 2.14am GMT, after falling 1% in the previous session, dropping for a third day in a row. US crude was up by 30c or 0.6% at $53.94 a barrel, having also dropped 1% on Monday for a fourth day of declines...

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